Originally Posted by
beardy
Jet2 benefit greatly when TUI don't cut prices(in order to preserve their margins). TUI are present in many markets whereas Jet2 rely on the UK. So far the UK market has held up well, the same can't be said for some of TUI's markets.
Flip side to that is, most of the income is in £ and a large part of the outgoings are in $. £ is low and still falling. An over reliance on the U.K. market isn’t really a boon.